COMMON MAPS
Map version new-york activity top-down
Main site Contact
Menu
↑ parent activity group ·
research dossier

WALTON AVENUE HOUSING DEVELOPMENT FUND CORPORATION

BRONX, NY · EIN 133411057 · Form 990 · FY2024 · NTEE L20Z · Housing & Shelter · Medium ($1M-$10M)
revenue
$1.8M
expenses
$1.5M
net assets
$-2.5M
employees
26
volunteers
8
program ratio
73%
mission · from form 990

WALTON AVENUE SENIOR HOUSING DEVELOPMENT FUND CORPORATION(THE "CORPORATION") WAS ORGANIZED FOR THE CHARITABLE PURPOSE OF DEVELOPING A SENIOR HOUSING PROJECT AT 1181 WALTON AVE, BRONX, NY.

profile · synthesized from sources

WALTON AVENUE HOUSING DEVELOPMENT FUND CORPORATION is a nonprofit organization based in the Bronx, NY, established to develop and support a senior housing project at 1181 Walton Avenue. The organization focuses exclusively on providing affordable housing for seniors at a single site. Its mission is centered on real estate development for charitable senior housing purposes.

named programs · 1 · from sources

What they call their work

Walton Avenue Senior Housing Project
Development and operation of affordable senior housing at 1181 Walton Avenue in the Bronx, NY
activities · 1 group

What they do

  • HUD Section 202 Senior Housing 1 activity
    • Development of senior housing project
      Developing a senior housing project at 1181 Walton Ave, Bronx, NY, as part of its core mission to provide affordable housing for seniors.
financials · form 990 · fy2024
revenue
Total revenue$1.82M
Contributions & grants$00%
Program service revenue$1.74M95%
Investment income$8K0%
Other revenue$79K
expenses
Total expenses$1.55M
Program expenses73%
Admin / overhead27%
Fundraising0%
Salaries & benefits$262K
Grants paid out$0
Largest expense lineFacilities
balance sheet
Total assets$4.79M
Cash$15K
Investments$0
Liabilities$7.30M
Net assets$-2.51M
Liquid reserves0.1 mo
6 years on record · 2019–2024 · YoY revenue +32.2%
leadership · form 990 part vii · fy2024

Who runs it

paid leadership · 1
NameTitleHours/wkCompensation
JEANETTE PURYEAR SECRETARY 1 $219K
board members · 8
  • ALLAN SCHWARTZ — BOARD MEMBER
  • DAN HIRSCH — BOARD MEMBER
  • DR JOE ALBERT BUSH SR — CHAIRMAN
  • DR MADAN PAUL — TREASURER
  • GRACIELA NAVARRO — BOARD MEMBER
  • JULIETTE CANNADY — BOARD MEMBER
  • MARY COLEMAN — VICE CHAIRMA
  • RAYMOND JONES — BOARD MEMBER